Raising the issue during plenary on Thursday, July 10, Senator Yunus Abiodun Akintunde (APC – Oyo Central), Chairman of the Senate Committee on the Environment, said the Federal Government must reconsider how it intervenes in the power sector.
“When you buy a transformer with government funds and hand it over to a community, the DisCos demand payment for installation.
“But the moment it is energised, it becomes their asset. That’s how public money ends up enriching private monopolies,” Akintunde said.
Akintunde, Nigeria’s first PhD holder in Energy and Environmental Studies, described the situation as “unsustainable and unjust,” calling for a policy shift that prioritises Nigerian citizens over private interests.
